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Office Units with Studio Space
For Lease
$17 SF/Yr

501 W Willard Street, Kalamazoo, MI 49007

Two office suites offer distinct layouts, private work areas, meeting spaces, and a courtyard connection.

Space Size2,500 SF - 10,000 SF
Property Size12,595 SF
Days on Market105

Property Features for 501 W Willard Street

General Information

Standard status Active
Size 2,500 SF - 10,000 SF
Net Rentable 2,500 SF
Lease Term Triple Net Lease

Space & Availability

Available Space 2,500-10,000 SF
Contiguous Space 10,000 SF
Divisible Yes
Space Use Office

Additional Details

Flexible Term Yes

Amenities

private fenced in courtyard
glass overhead door
1950s diner-style kitchen and lounge

Building Details

Building Size 12,595 SF
Year Built 1954
Units 1
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Source: Sabudarealty
Added: May 13 Changed: Aug 18 Last Checked: Aug 24 at 2:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kalamazoo Commercial Real Estate

Investment Insights

Based on property information with market context.

This office property is arranged as two suites with multiple potential configurations. The 2,500 SF suite at 501 W Willard Street was fully renovated in 2020 and includes an open work area, reception, five private offices, a kitchenette, conference room, and a glass overhead door leading to a private fenced courtyard. The approximately 10,000 SF suite at 505 W Willard Street includes two large studios, an overhead door in one studio, open and private offices, meeting areas, a screening room, and a diner-style kitchen and lounge.

The property is located near Downtown Kalamazoo, at the corner of Westnedge Avenue and Willard Street, across from the new Kalamazoo Event Center. Onsite parking and street-corner visibility are provided, and the lease term is negotiable.

Key Highlights

  • 2,500 SF office suite fully renovated in 2020
  • Approximately 10,000 SF suite with two large studios and a screening room
  • Five private offices, conference room, kitchenette, and reception area in 501 W Willard

Property Analytics

Current Use

Advanced Business Brokers Business Management Consultant Kalamazoo Commercial Real ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Store Acupuncture Pet Store & Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,094
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$20.21 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
9,679 SF
Avg Space Size

This space is priced 16% below the average of $20.21 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites offer distinct layouts, private work areas, meeting spaces, and a courtyard connection.
Where is this office units located?
The property is located at 501 W Willard Street Kalamazoo, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 2,500 SF office suite fully renovated in 2020; Approximately 10,000 SF suite with two large studios and a screening room; Five private offices, conference room, kitchenette, and reception area in 501 W Willard
More about this property
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